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ALTECH BATTERIES LTD — Investor Presentation 2011
Nov 2, 2011
64444_rns_2011-11-02_52174649-01e3-4d96-8eeb-b213cf09c2cb.pdf
Investor Presentation
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MEDIA/ASX RELEASE 3 NOVEMBER 2011
AMMG’S PARTICIPATION AT CHINA MINING CONGRESS & EXPO, TIANJIN
Australia Minerals and Mining Group Ltd (ASX:AKA) (“ AMMG or “ the Company ”) is participating in the upcoming China Mining Congress & Expo in Tianjin, China.
The Company’s corporate presentation is attached, which will be available at AMMG’s booth.
China Mining Congress & Expo attracted over 4,500 delegates from 57 countries and regions last year. It is one of China’s largest mineral exploration and mining trading platforms covering mining investment, exploration development, mining rights trading, smelting and processing and more.
We cordially invite delegates to meet the AMMG team at the conference.
Date November 6 – 8, 2011 Tianjin Meijiang Convention and Exhibition Centre Venue No. 18 Youyi South Road, Xiging District, Tianjin, China AMMG’s Booth Number 3509
We look forward to meeting you.
For more information about the conference, visit www.chinaminingtj.org
For more information on Australia Minerals and Mining Group please see below or contact:
Ric Dawson Tony Dawe Managing Director Professional Public Relations Pty Ltd T: +61 8 9389 5557 T : +61 8 9388 0944 [email protected] [email protected]
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China Mining Conference, Tianjin
November 2011
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www.ammg.com.au ASX: AKA
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Disclaimer
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Certain statements made during or in connection with this communication, including, without limitation, those concerning the economic outlook for the exploration industry, expectations regarding commodity prices, production, cash costs and other operating results, growth prospects and the outlook of Australia Minerals and Mining Group Limited’s (AMMG) operations; contain or comprise certain forward-looking statements regarding AMMG’s exploration operations, economic performance and financial condition.
Although AMMG believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions, fluctuations in commodity prices and exchange rates and business and operational risk management. AMMG undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today’s date or to reflect the occurrence of unanticipated events.
The Chinese version of this document translated by AMMG has been prepared with the utmost care. However, AMMG does not accept any liability for the correctness and completeness of the content of the translation and the direct or indirect consequences of acting or failing to act based on this translation. In all cases, the English document shall take precedence.
Competent Person Statement
Technical information in this report is based on information compiled by Mr Ric Dawson, B. App. Sc. (Geol.) EMBA, AMMG Managing Director and a member of the Australasian Institute of Mining and Metallurgy. Mr Dawson has sufficient exploration experience which is relevant to the styles of mineralisation and types of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“JORC 2004”). Mr Dawson consents to the inclusion in this release of the matters based on his information in the form and context in which it appears.
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Banded iron formation (BIF) outcropping at Bencubbin
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Corporate Snapshot
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| ASX CODE: AKA OPTIONS CODE: AKAO |
ASX CODE: AKA OPTIONS CODE: AKAO |
|---|---|
| Ordinary shares | 100.9m |
| Listed options | 42m |
| Unlisted options | 11.5m |
| Market Cap @ 31 Oct 2011 | 15.14m |
| Cash @ 31 Oct 2011 | 6.40m |
| Share Price @ 31 Oct 2011 | 0.15c |
| Debt | Nil |
| BOARD OF DIRECTORS | BOARD OF DIRECTORS |
|---|---|
| Luke Atkins | Non-executive Chairman |
| Ric Dawson | Managing Director |
| David Brook | Non-executive Director |
| Chris Forrester | Non-executive Director |
| Dan Tenardi | Non-executive Director |
| Piers Lewis | Company Secretary/ Chief Financial Officer |
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Major Shareholders as at 31 Oct 2011
Top 20
Shareholders
Directors,
36%
Founders &
52% Associates
Remaining
Shareholders
12%
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Investment Case
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| Experienced board & | Strong financial position | ||||||
| management team | |||||||
| - No debt. | |||||||
| - Board level mining and | - $6.40m cash as at 31 | ||||||
| corporate experience. | October 2011. | ||||||
| - Experiencedexploration, | |||||||
| technical marketingand | - ASX listed company. | ||||||
| management team. | |||||||
| - Diverse geological | |||||||
| experience across various | |||||||
| mineral sectors. | |||||||
| Strong business case | Focused project selection criteria |
||||||
| - Business case supported by China’s expansion in mineral demand. - Increasing demand from India, China and SE Asia for minerals. - Closeshipping distance to expanding markets of China. |
Diverse range of Australian mineral projects - Minerals in increasing demand from abroad such as iron ore, kaolin/high purity alumina and mineral sands. |
Strong relationships with Asia - Corporate marketing focus on South East Asia and China as part of corporategrowth strategy. |
- Targeting mineral projects with historical data and potential access to infrastructure. - Exposure to improving markets. - Potential leverage to Asian markets. |
||||
| - Potentialjoint venture | |||||||
| opportunities. | |||||||
| 4 |
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Corporate Strategy
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VISION
Identify sufficient Create shareholder Develop projects resources with potential wealth by adding value internally or with JV to develop bulk mineral to diverse projects partners projects portfolio
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PRIORITIES
Develop kaolin Advance
Progress 150Mt Advance the
to high purity Constance
global kaolin Yilgarn Iron
alumina Range (iron
resource
Ore Project
technology ore) Project
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Project Locations
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SHIPPING DISTANCE TO CHINA: ~ 6,000km vs West Africa ~ 20,000km South America ~ 23,000km
Exploration licences granted or under application covering approximately 11,214km²
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Projects in Focus
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Kaolin/
Aluminous Clay
Project, WA
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Constance
Range Iron Ore
Project, QLD
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Seeking regional Kaolin to high iron ore purity alumina consolidation 99.99% through Alliance technology process Preparation of resource Increase global statement 150Mt resource at Meckering and Kerrigan Drilling program Projects commencing November 2011
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Yilgarn Iron Ore
Project, WA
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Drilling program commencing at Southdown Extension Project December 2011 Drilling program commencing at Bencubbin Project December 2011 Progressing objectives of MOU, signed with Anhui Lianghuai Pty Ltd
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Canning Coal
Project, WA
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Progressing objectives of MOU, signed with Anhui Lianghuai Pty Ltd
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Collie
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*The term target should not be misunderstood nor misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the term has not been used in this context. It is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Mining Reserve.
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Technology holder
Australian verification
produced
high purity alumina
high purity alumina
AMMG submitted
4kg kaolin sample to
Chinese technology
holder
Technology holder
Australian verification
produced
smelter grade (SG)
smelter grade (SG)
alumina
alumina
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Chinese Test Results from Meckering Project Kaolin Sample
| Smelter Grade Alumina(Al2O3) High purity Alumina(Al2O3) |
Smelter Grade Alumina(Al2O3) High purity Alumina(Al2O3) |
Smelter Grade Alumina(Al2O3) High purity Alumina(Al2O3) |
|---|---|---|
| Experimental water | Industrial & decationised water(3rd grade) | Decationised water(3rd grade) |
| Sample Weight | 1065g | 85g |
| Ignition loss | <1 wt% | <1 wt% |
| Purity,Al2O3 | >99 wt% | >99.99 wt% |
| Crystal Form(XRD) | Alpha(α) | Alpha(α) |
| Impurities, Fe2O3 | <0.02 wt% | <30ppm |
| Impurities, SiO2 | <0.05 wt% | <45ppm |
| Impurities, Na2O | 0.02 wt% | <25ppm |
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High purity
alumina used in Increasing market
hybrid cars, LEDs, in modern
LCD, plasma technology
televisions
High purity
Smelter grade
alumina ranges
alumina world
from US$141,000
production 82Mt
pt –
in 2010
US$396,000pt
World production
Most common Alumina
high purity
crystalline form of alumina around
aluminum Al O
2 3 7,500tpa
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| Project | Indicated (Mt) |
Inferred (Mt) |
Exploration Target (Mt)* |
Land Holding Grant/App (km²) |
|---|---|---|---|---|
| Meckering | 16.77 | 48.28 | 75-130 | 966 |
| Kerrigan | - | 85 | 140-190 | 459 |
| Kellerberrin | - | - | 70-110 | 408 |
| Bobalong | - | - | - | 600 |
| TOTAL | 16.77 | 133.28 | 285-430 | 2,433 |
*The term “Target” should not be misunderstood nor misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the term has not been used in this context. It is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Mining Reserve
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Ric Dawson, Managing Director of AMMG, and Anhui Lianghuai Resources’ executive team at the Meckering project test pit
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| Project | Resource | Tonnage | % -45 micron1 |
Brightness 2 |
|---|---|---|---|---|
| Meckering | Indicated resource | 16,770,000 | 42.3% | 83.2% |
| Meckering | Inferred resource | 48,280,000 | 41.8% | 83.5% |
| Kerrigan | Inferred Resource | 85,000,000 | 52% | 85.1% |
| Total resource base | 65,050,000 | 41.9% | 83.4% | |
| Exploration Target* | 75-130m | - | - | |
| *The term “Target” should not be misunderstood nor misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the term has not been used in this context. It is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Mining Reserve |
JORC: Joint Ore Reserves Committee, common reference to the Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves, 2004
Mineral Analysis
-
38% alumina (Al2O3)
-
Low impurity, iron (Fe2O3), titanium (TiO2)
| titanium | titanium | titanium | titanium | titanium | titanium | titanium | titanium | titanium | titanium | titanium | titanium | titanium | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| , | ||||||||||||||
| PROJECT | SiO₂ % |
Al2O3 % |
Fe2O3 % |
TiO2 % |
CaO % |
MgO % |
SO3 % |
Na2O % |
K2O % |
MnO % |
P2O5 % |
Ig. loss % |
Total | |
| Meckering -45μm |
45.86 | 38.32 | 0.43 | 0.56 | 0.05 | 0.17 | - | 0.45 | 0.27 | 0.00 | 0.05 | 13.83 | 100.00 | |
| Kerrigan -2μm |
46.0 | 38.3 | 0.3 | 0.1 | - | 0.1 | 0.1 | 0.4 | 0.7 | - | 0.3 | 13.6 | 100.00 | |
| Kerrigan calcined grade |
53.3 | 44.4 | 0.3 | 0.1 | - | 0.1 | 0.1 | 0.5 | 0.8 | - | 0.3 | - | 100.00 | |
lg.loss: removal of chemically bound water
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China
~5,500
kms
BHP IRONSTONE DEPOSIT
(Min Metals)
5.1Mt zinc, 0.6Mt lead, 47.3Mo
silver resources
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MOU signed
between
AMMG,
Viento,
Resolve Geo,
Icon
3 granted 92kms strike
EPM and 7 length of
Aerial view of
outcropping Train pending bedded
Range Ironstone applications ironstone
member, Constance
totalling outcrop
Range
1,186km² sequence
One
Substantial corporate
BHP database entity seeking
on historical regional iron
ore
drilling
consolidation
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-
70% owned by Viento
-
310km from Karumba Port
-
Deposit • BHP drilled 16,256m BQ diamond drill core A* • Inferred resource of 236Mt at 53.2% iron • DSO inferred resource of 15Mt at 56.5% iron
-
BHP drilling 1956-1963
-
70% owned by Viento
-
Deposit • 100% owned by AMMG (area covered by both)
-
P • AMMG is planning new drill holes to prepare JORC statement of resources in November
*Source: Kimberley Metals 2009 Prospectus
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Constance Range Iron Ore Alliance’ Tenement Holdings
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Collie
Esperance
Southdown Extension
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BIF outcrop at Bencubbin
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Albany Port, Western Australia
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3 granted tenements, 9
applications
= 2,609km²
Targeting hematite/goethite and
magnetite, using aeromagnetic
analysis.
Drilling commencing November
at Bencubbin (Government EIS
approved co-funding)
Drilling commencing November
at Southdown Extension
Project
Signed MOU with Anhui Bureau
for potential capital investment
and project development.
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Existing rail line at Bencubbin
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-
E70/2640 (80% interest, moving to 95%): approx 35km[2 ]
-
5 other applications (100% interest): approx 65km[2]
-
Approx. 80km to Albany Port (potential upgrade to cape class capacity)
-
• Adjacent to Grange Resources’ 654Mt magnetite deposit
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Drilling: 9m @ 41% magnetite from 101-110m
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Drilling: 6m @ 30% magnetite from 121-127m
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-
Target WSD 001 12m @ 40.65% Magnetite
-
Target WSD 002 6m @ 36.0% Magnetite
-
Target WSD 003 9m @ 41.0% Magnetite
-
Historical work by Anglo American
-
Average iron in magnetite, 66% (from Davis Tube Recovery)
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- Coarse grind magnetite estimated at >20micron metres
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7 applications = 1,402km²
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Signed MOU with Anhui Bureau of Coal and Geology for potential capital investment and project development. Relatively close proximity to established road and port networks. Project located northwest of Rey Resources’ 305.8Mt thermal coal resource*
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*Source: Rey Resources (ASX Announcement April 2011)
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Relatively Close Proximity to Road, Rail & Ports
South West WA Projects
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Why invest in Australia?
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~6,000 kms
from Australia
to China
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-
Western democracy – stability for overseas investors
-
Western Australia one of the world’s richest mineral provinces
-
Pro-mining Western Australia State Government with mandate to expedite approval processes
-
Low sovereign risk vs. other high risk nations
-
Skilled mining workforce
-
Mining-based economy
-
Close proximity to emerging markets and competitive shipping freight advantage
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Same time zone as China
-
Well developed legal system
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Why invest in AMMG?
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Mr Wei Zhendai, Deputy, Anhui Coal & Geology Bureau Mr Wang Dingli, GM, Anhui Lianghuai Pty Ltd Mr Wang Xionglie, Geologist, Anhui Lianghuai Pty Ltd Mr Ric Dawson, Managing Director, AMMG
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Investment opportunities with AMMG
Strategic Co-operation
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by
way of issue of
new shares
Strategic
Strategic co-operation
co-operation Opportunities for
for
Strategic co-
operation for
processing
facilities and
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